Probate is a process where you submit a deceased person’s will to the Surrogate’s Court for final closure of their affairs. For example, a brother and sister could serve as co-executors as they wind up the affairs of their parent. Letters Testamentary, are basically authorizations from the Surrogate’s Court which permit the Executors to gather the assets of the decedent (the person who passed away) and dispose of them according to the Last Will and Testament of the decedent. Letters Testamentary specifically state the survivors or other individuals that are appointed to handle the affairs. This can include selling property, or gathering up the assets of the loved one, for final distribution to the heirs.
- How Do You Assist Clients Going Through The Probate Process?
- Does All Of A Deceased Person’s Property Have To Go Through Probate?
- Who Are The Main Parties Involved In A Probate Case?
- What Happens Once The Probate Process Is Complete?
- What Is Your Concierge Service Approach To Estate Administration?
- My Relative Or Friend Passed Away With A Will And I Need To Tie Up Their Affairs